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HDVIX

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    14.7699$
  • Previous Close
    14.7699$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

HDVIX.US is a volatility index calculated and published by Cboe that reflects the market's expectation of 30-day volatility of high-dividend stocks, as represented by the S&P 500 High Dividend Index (HDIV). It's often referred to as the "volatility of high-dividend stocks" and is a tool used by investors to gauge market sentiment and potential risk associated with investments in high-dividend paying equities. A higher HDVIX value generally indicates greater expected volatility, while a lower value suggests lower expected volatility.
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Factors

VIX Futures Prices: HDVIX.US tracks the daily performance of 1.5 times the inverse of the S&P 500 VIX Short-Term Futures Index, meaning its price is heavily influenced by VIX futures prices.

Implied Volatility: Changes in market implied volatility, as reflected in the VIX, directly affect the price of VIX futures, and consequently, HDVIX.US. Higher VIX typically leads to lower HDVIX.US prices due to its inverse relationship.

Market Sentiment: Overall market sentiment and investor fear levels, often correlated with the VIX, impact the demand for VIX futures. Increased fear drives up VIX futures prices, lowering HDVIX.US value.

Supply and Demand: The supply and demand dynamics for VIX futures contracts can influence their prices, subsequently affecting HDVIX.US. High demand and short supply drive up VIX futures, inversely impacting HDVIX.US.

Roll Yield: Because HDVIX.US holds VIX futures, roll yield (the difference between the prices of near-term and longer-term futures contracts) affects its performance. Contango (when longer-term futures are more expensive) typically erodes HDVIX.US value.

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